111 E Bonita Way, Tempe, AZ 85281
- $669,000
- 4
- BD
- 2
- BA
- 1,572
- SqFt
- List Price
- $669,000
- Status
- ACTIVE
- Days on Market
- 116
- Price Change
- ▼ $5,000 1785287162
- MLS#
- 7017678
- Subtype
- Residential
- Style
- Ranch
- Year Built
- 1951
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,572
- Lot Size
- 11,273
- Acres
- 0.26
- Subdivision
- University Estates
Property Description
Premier ASU Investment Opportunity! Fully renovated and move-in ready, this rare property sits on an oversized 11,000+ sq. ft. lot just minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. The expansive lot offers future value-add potential, including the possibility of an ADU, casita, or other improvements (buyer to verify with the City of Tempe). Conveniently located near ASU, Tempe Marketplace, Downtown Tempe, Loop 202, and Sky Harbor Airport. A unique opportunity to own a turnkey property with immediate rental appeal and long-term upside in one of Tempe's most desirable locations.
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Additional Information
- Interior Features
- Breakfast Bar, Laminate Counters, High Speed Internet, No Interior Steps
- Exterior Features
- Screened in Patio(s)
- Taxes
- $1,683
- Property Description
- Ranch
- Flooring
- Carpet, Vinyl
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Slump Block, Painted
- Stories
- 1
- Parking Features
- Detached, Detached Garage
- Garage Spaces
- 1
- Elementary School
- Broadmor Elementary School
- Middle School
- Connolly Middle School
- High School
- Tempe High School
Mortgage Calculator
Listing courtesy of Listing Agent: Brian J Cunningham (480-370-6160) from Listing Office: eXp Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.